RWH052: Wise Guys w/ Ray Dalio, Bill Miller, Chris Davis & Michael Berg
Description
In today’s special episode, William Green looks back at some of the most powerful lessons from the first 50 episodes of the podcast. He highlights four of his favorite interviews: with multibillionaire Ray Dalio, Berkshire Hathaway board member Chris Davis, investing legend Bill Miller, & author Michael Berg. Here, Dalio discusses how to overcome our weaknesses; Miller reveals the insights that made him a vast fortune on Bitcoin; Davis shares what he’s learned from Buffett & Munger; & Berg explains how to increase your enjoyment of money.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
06:37 - Why Ray Dalio believes success hinges on deep self-knowledge.
09:11 - How he’s dealt with his own weaknesses.
10:44 - What Elon Musk, Bill Gates, Reed Hastings & Ray Dalio have in common.
13:46 - How Ray’s most painful mistake changed his views on investing & life.
29:07 - What Chris learned from his mentors, Warren Buffett & Charlie Munger.
30:13 - Why it helps Chris Davis to view his life in three distinct 10,000-day blocks.
44:47 - What Bill Miller saw in Bitcoin that led him to make a vast fortune.
49:32 - Why Bill sees Bitcoin as insurance against financial catastrophe.
1:04:06 - What biases, beliefs & blind spots led Buffett & Munger to dismiss Bitcoin.
1:06:35 - How to enhance your enjoyment of money.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- William Green’s 2023 interview with Ray Dalio | YouTube Video.
- William Green’s 2022 interview with Ray Dalio | YouTube video.
- Check out Principles: Your Guided Journal by Ray Dalio.
- Read Principles: Life and Work by Ray Dalio.
- William Green’s interview with Chris Davis | YouTube Video.
- William Green’s interview with Michael Berg | YouTube Video.
- William Green’s interview with Pico Iyer | YouTube Video.
- William Green’s interview with Tsoknyi Rinpoche & Daniel Goleman | YouTube Video.
- William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
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- Check out all the books mentioned and discussed in our podcast episodes here.
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